Four of top-10 companies lose Rs 30,339 cr in m-cap

While ITC, Hindustan Unilever Ltd (HUL), SBI and IOC saw losses in their m-cap for the week ended Friday, the valuations of RIL, TCS, HDFC Bank, HDFC, Maruti Suzuki and ONGC rose, but their combined gain of Rs 26,099.02 crore was less than the total loss suffered by the four firms.

The cumulative market valuation of four of the 10 most valued companies dropped by Rs 30,339.17 crore last week, with FMCG major ITC taking the steepest hit.

While ITC, Hindustan Unilever Ltd (HUL), SBI and IOC saw losses in their m-cap for the week ended Friday, the valuations of RIL, TCS, HDFC Bank, HDFC, Maruti Suzuki and ONGC rose, but their combined gain of Rs 26,099.02 crore was less than the total loss suffered by the four firms.